Genetically Modified Crops and Household Labor Savings in US Crop Production
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In spite of widespread adoption, there is mixed evidence as to whether adopting genetically modified (GM) crops increases farm welfare. One possible reason for widespread adoption is the labor savings. Using a treatment effect model we estimate the time savings associated with adopting a GM crop. We find a significant savings in household labor for soybeans, but not for other crops.
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.